IMPERIAL BUDGET.
NEW ESTATE DUTIES. 630 CIGAR MAKERS DISCHARGED. United Piikss Association —copyright LONDON, May 19. Mr Lloyd-George, Chancellor of the Exchequer, estimates that the new estates duties will, after 1910, yield £7,415,000, and the income tax £0,720,p()0, of which there is a super-tax of £'2,2.50,000. An abatement of £lO per child will amount to £640,000. The Marsuma Company at Congleton lias discharged 0-50 cigarmakers, owing to the Budget disorganising and dislocating their industry.
THE DEBATE RESUMED.
CRITICISM OF THE DEATH
DUTIES
(Received May 20, 10.2-3 p.m.)
LONDON
Mav 20
■The debate on the Budget proposals lias boon resumed. The death duties resolution was severely criticised, on tho ground that it was taking money from capital required to promote industry and agriculture. Tho Attorney-General declared that the proper time for lamentation would bo when expenditure was proposed, not when taxes were voted.
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Gisborne Times, Volume XXVII, Issue 2057, 21 May 1909, Page 5
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142IMPERIAL BUDGET. Gisborne Times, Volume XXVII, Issue 2057, 21 May 1909, Page 5
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